Director disqualified over carbon credit investments

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A company director has been disqualified for a period of 14 years for inappropriately selling carbon credits as an investment, despite a warning from an investigative journalist.

Christopher James Thompson, a director of CT Carbon, cannot promote, manage, or be a director of a limited company until 2029. The disqualification follows investigation by the Official Receiver which uncovered that, between 2011 and 2012, CT Carbon made sales totalling £1.1m by cold calling members of the public to sell them voluntary emission reductions (VERs), charging as much as three-and-a-half times the price it had paid its supplier. After receiving a letter from an investigative journalist highlighting concerns regarding the favourable rates offered by CT Carbon, the performan...

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